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United Capital Funding secure financing facility

Accounts receivable funding firm United Capital Funding Corp today announced that it had closed on a financing facility with (more…)

#bank#funding#management

Trade credit restrictions continue for SMEs in the USA

Trade credit has become increasingly difficult for SMEs to access according to a new report by the National Federation of…


Receivables sales double on Receivables Exchange

Online receivables market place the Receivables Exchange today reported (more…)

#cash-flow#liquidity#receivables


Crown Crafts extends financing agreement with CIT Commercial Services

Crown Crafts today announced that it has amended its financing agreement with CIT Commercial Services, extending (more…)


Capital Partners acquires First Receivable Funding Georgia

Capital Partners USA, Inc. today announced the acquisition of (more…)

#bank#funding#small businesses


CFA Lending Index reveals US SMEs continuing to seek...

The Commercial Finance Association (CFA) today released its Quarterly Asset-Based Lending Index, Q4 2009, (more…)

#bank#commercial finance#non-bank lenders


Sterling success

John La Lota, President of Sterling Factors in the United States, talks to Factorscan about Sterling s recent purchase of…

#bank#CIT#international


64 percent of companies turn to cutbacks in favour...

A study released today by CIT Group Inc. has found 64 per cent of US small businesses found cash flow…


Bibby reports growing demand from apparel companies

Bibby Finncial Services in the US has reported that, after a drought of almost two years, apparel companies are beginning…

#cash-flow#financial services#funding


CIT to repay some of its debt

CIT Group Plc today announced that its Board of Directors has authorised the voluntary prepayment of (more…)


Fraudster jailed for 4 years for false invoice claims

Construction company owner Rosa Barrett Herrera has been sentenced to four years in prison and fined $1.1 million for defrauding…

#invoice#WHO


CIT Group Plc appoints new CEO

CIT Group Plc yesterday announced that its Board of Directors has elected John Thain as Chairman and Chief Executive Officer,…

GMAC reports net loss for 2009

GMAC Financial Services reported a $10.3 billion net loss for 2009. Of this figure, a $5 billion net loss was…

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